The role of information is central to the academic debate on finance. This book provides a detailed, current survey of theoretical research into the effect on stock prices of the distribution of information, comparing and contrasting major models. It examines theoretical models that explain bubbles, technical analysis, and herding behavior. It also provides rational explanations for stock market crashes. Analyzing the implications of asymmetries in information is crucial in this area. This book provides a useful survey for graduate students.
The role of information is central to the academic debate on finance. This book provides a detailed, current survey of theoretical research into the e...
How philosophical differences between Eurozone nations led to the Euro crisis-and where to go from hereWhy is Europe's great monetary endeavor, the Euro, in trouble? A string of economic difficulties in Eurozone nations has left observers wondering whether the currency union can survive. In this book, Markus Brunnermeier, Harold James, and Jean
How philosophical differences between Eurozone nations led to the Euro crisis-and where to go from hereWhy is Europe's great monetary endeavor, the Eu...
